Vijay Kumar
23 March 2011 at 16:05

Short Selling

Hi,

I sold 100 Kamath Hotels Shares @ 96 and put a Stop Loss but the Shares suddenly Jumped and went on to had a upper circuit.
And i wasnt able to buy the same
My Broker told me that i will have to pay some penalty for it
Pls tell me what will be the consequences of it now?

Is it a normal thing that happen??

Pls reply at earliest!



Anonymous
22 March 2011 at 12:51

Sold shares

i Sold shares of reliance industries and other companies after 6 months and made a profit of Rs. 40,000. I did not have any other income from any other source. Since my total income was below Rs. 1,60,000 will i have to pay tax on Rs. 40,000? A friend says that i have to pay a short term capital gain tax of 15% even if my total income is below Rs 1,60,000. Please help sir.


jitendra

IN CURRENT YEAR (01-04-10 TO 31-03-11) FOLLOWING ARE INCOME OR LOSS : (A) PENSION INCOME:2.5 LACS INTREST INCOME :2.00 LACS AND LOSS IN FNO (derivatives):2.00 LACS , WHAT IS MY TAX LIBALITY,MAY I SETOFF THIS LOSS WITH INTREST INCOME OR PENSION INCOME IF NOT THEN MAY I CARRYOVER THIS LOSS FOR NEXT YEAR (& HOW MUCH YEAR). PL ADVISE


hemang
21 March 2011 at 00:21

decrease in market value

What is the reason for the reduction in market value of the share of any co. after it pays the dividend to share holders??????????


Nikunj Jain
17 March 2011 at 20:36

Taxation on capital gains

Senario1: If I buy a share in march 2010 and sell it in june 2010.
Senario2: If I buy shares in April 2010 and hold it.

Request your help in calculation stcg for both senarios.
Senario 1: should i deduct the brokerage and taxes from the stcg for the share I purchase in mar 2010 (for A.Y. 2011-12)
Senario2: is the brokerage and taxes for the share i hold are deductible from stcg gained from other trades.


shashank
14 March 2011 at 19:30

Entry in Tally

I wanna ask, how to do entry for purchase & sale of shares in tally if i want to do it like stock entry, or if any other way possible so that calculation of Profit/Loss can b made easily and the method should b FIFO.


poornima
14 March 2011 at 17:01

mutual fund

please show me the calculation of NAV of mutal funds, if invested with the comibanton of common stock, preferred stock, bonds and short term bonds.

if i would invest Rs. 6,000 in commonstock, Rs. 4,000 in prferred stock, Rs. 10,000 in bonds. show me how to arrive at NAV.

OR

please explain me with a new example.

If i'll search for the answer, i'll get the answer as: market value of the fund's assets on particular day minus any liabilities are divided by the no. of outstanding shares.

but am bit confused with this answer, if the fund is the combination of all the above, then how to arrive at the NAV.


Sarvesh Mani Tiwari,CFA(ICFAI)
09 March 2011 at 19:14

Pending Refund Status MOIL IPO

Dear Sir,
I had applied MOIL IPO thru SMC Global Securities Ltd Kanpur in the Name Ms Mukta Pathak Gupta Application No 52999437(ch no929366 dated:01.12.2010 SBI Indira Nagar Kanpur amouting Rs 95625).I am off line user of the said Broker.
After some time I enquired with My Broker came to know that due to wrong entry of DP-ID by SMC Global, allotment made to third party despite right PAN No & Name.
In the above matter despite our several reminder thru E Mail (22.12.2010 to 24.01.2011) Karvy Computrer Share Ltd is nither refund or money nor giving proper response.
Kindly advise in the above matter.
Shri Mukta Pathak Gupta
PAN-AKIPG9515G
Client-ID No-1201910100406705


poornima
09 March 2011 at 13:11

market

1. What is bullish and bearish market or face?

2. What are mid cap, samll cap and large cap?

3. What do you mean by Blue chip companies?



Anonymous
08 March 2011 at 14:15

Physical Shares Trading

Is there any firm or organisation in Kolkata who purchase Physical shares. The shares are listed in NSE / BSE. It might be the case that either the name of the company has changed or its Face Value has changed.
If yes then please provide me contact details of such a firm ?





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